WASHINGTON (Reuters) - The dollar faces the same BC fate as many travelers who have returned to the United States from China and other coronavirus hotspots.
The Federal Reserve (Fed, US central bank) began to put into Quarantine physical dollars. However, those he repatriates from Asia before putting them into circulation in the BC's US financial system. This is as a precautionary measure against the spread of the virus, a Fed spokeswoman told Reuters news agency.
idle dollars
She said the Fed's regional banks that help manage the money supply will stall dollar remittances from Asia. So for seven to ten days before processing and redistributing them to financial institutions. The measure was implemented on February 21, the official said.
The outbreak originated in China and more than 100,000 people have been infected in over 85 countries. According to a Reuters report based on statements by health ministries and government officials.
According to the US Center for Disease Control and Prevention (CDC), “it may be possible” to transmit the virus through objects that have had direct contact with it. But person-to-person contact is the main means of spreading the disease. The CDC recommends that US residents returning from China and other high-risk countries stay indoors for 14 days.
The Brazilian stock exchange already dropped on Monday the 27th, the Ibovespa ended the day at a devaluation of 3.29%, at 114,481 points, this was the biggest drop in recent months.
The World Health Organization (WHO), however, has been much more cautious about the risks posed by banknotes. In short, advising consumers to use contactless payments where possible, according to several British media reports.
